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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Information Technology	15%	- Technology applications in business 1. Emerging technologies and trends 2. Productivity and business software - Technology concepts and tools 1. Hardware, software, and networking systems 2. Data management and security
Topic 2: Law and International Business	15%	- Legal principles affecting business 1. Contract law, property rights, and liability 2. Employment and consumer law - Global business environment 1. International trade and finance 2. Cultural, political, and economic factors in global business
Topic 3: Economics	13%	- Fundamental economic concepts 1. Scarcity, opportunity cost, and factors of production 2. Supply, demand, and market equilibrium - Economic systems and performance 1. Role of government in economy 2. Market, command, and mixed economies 3. Economic indicators, growth, and stability
Topic 4: Management and Marketing	12%	- Management principles and functions 1. Planning, organizing, leading, and controlling 2. Human resources and operations management - Marketing concepts and strategies 1. Customer relations and promotion 2. Marketing mix and market analysis
Topic 5: Entrepreneurship	10%	- Entrepreneurial concepts and processes 1. Characteristics of entrepreneurs 2. Identifying opportunities and feasibility analysis - Business organization and planning 1. Forms of business ownership 2. Business plan development
Topic 6: Communication and Career Development	13%	- Career development and employability skills 1. Career planning and job search strategies 2. Professional ethics and workplace behavior - Business communication principles and practices 1. Written, oral, and digital communication 2. Business correspondence and reports
Topic 7: Professional Business Education	7%	- Curriculum and instruction 1. Teaching strategies and assessment methods 2. Business education standards and frameworks - Program and career guidance 1. Career and technical education pathways 2. Program development and management
Topic 8: Accounting and Finance	15%	- Personal and business financial management 1. Savings, investment, and credit management 2. Risk management and insurance 3. Financial institutions and services - Fundamental accounting concepts and processes 1. Preparation and interpretation of financial statements 2. Accounting cycle and procedures

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

Question #1

Which of the following is the most effective way for a company to address a service recovery problem?

A. Providing the customer with compensation for the problem, no matter the cost
B. Involving the customer, managers, and frontline employees to address and fix the problem
C. Offering the customer an apology for the problem, and then assuming the issue has been resolved
D. Having only customer service employees deal directly with the customer to solve the problem

Reveal Solution Discussion 0

Correct Answer: B 🗳️